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Dirty Money

Fergie 'Devastated' by Scandal

While she’s no stranger to controversy, Britain’s Duchess of York appears to be stung by a recent sting making headlines. "She is devastated by the story and deeply regrets the situation and any embarrassment it has caused," Sarah Ferguson's spokeswoman told Reuters. Earlier this week, she was caught on tape asking for $40,000 in cash and more than $700,000 by wire transfer in exchange for access to ex-husband Prince Andrew, who serves as Britain's special representative for international trade and investment. The scandal was first reported on News of the World’s website; the sting was orchestrated by one of the publication’s reporters, posing as a wealthy businessman. "Five hundred thousand pounds when you can, to me ... open doors," Ferguson told the undercover reporter. Yet she also says that her ex-husband “never does accept a penny for anything.” The royal couple split on good terms in 1996, after a 10-year marriage.

May 23, 2010 1:10 PM